$BTC Bitcoin (BTC) is currently trading around $96,700, showing a significant increase over the past day and week. There's strong optimism in the market, with some analysts predicting a surge towards $100,000 and even higher targets like $105,000 or $150,000 by September.

The market capitalization of Bitcoin is substantial, currently around $1.9 trillion, making it the largest cryptocurrency by a significant margin. Trading volume over the last 24 hours has been active, reflecting the ongoing interest in BTC.

Recent News and Developments:

* Price Momentum: Bitcoin is steadily climbing, approaching the psychological barrier of $100,000. This rally is supported by factors like potential US-China trade talks, which are boosting risk appetite across markets.

* Institutional Interest: Major corporate holders like Strategy Inc. (formerly MicroStrategy) are doubling down on their Bitcoin investments, viewing their stock as a "Bitcoin shortcut." There are also reports of significant Bitcoin ETF inflows, indicating growing institutional demand.

* Market Sentiment: The Crypto Fear & Greed Index has shifted to "greed," suggesting a bullish sentiment among traders.

* Technical Analysis: Technical indicators present a mixed picture. The Relative Strength Index (RSI) is nearing overbought territory, which could signal a potential pullback. However, the Moving Average Convergence Divergence (MACD) shows positive upward momentum.